£111,668
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Apr 2009. This value is then adjusted by the current Official House Price Index for TORBAY 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£60,000 | 27 Apr 2009 |
£23,500 | 15 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 sq feet |
This model uses changes in the Official Land Registry House Price Index for TORBAY to estimate the market value.
When this house was purchased in April 2009 the House Price Index for TORBAY was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £60,000 results in an estimated price of approximately £111,668.
27 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.114 % | £60,000 | £51,668 | £111,668 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 114.870 % | £68,922 | £128,922 |
3 Month Average | 61.908 % | £37,144 | £97,144 |
6 Month Average | 50.784 % | £30,470 | £90,470 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £109,176 | £108,000 | 9A ROCK ROAD |
30 Sep 2022 | £148,798 | £150,000 | FLAT 2 URBAN RISE, 42 - 45 FLEET STREET |
17 Jun 2022 | £85,204 | £84,000 | 6A COBURG PLACE |
22 Mar 2022 | £139,895 | £135,000 | FLAT 8 URBAN RISE, 42 - 45 FLEET STREET |
18 Mar 2022 | £128,497 | £124,000 | 63 WARREN ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 10 Dec 2019. Using an estimated price of £111,668 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on COBURG PLACE is 74 sq meters (803 sq feet).